Compliance governance that protects trust, strengthens control, and improves board confidence.

BDO helps Bank of Mauritius regulated entities turn compliance from a reactive obligation into a strategic governance capability that reduces risk and supports sustainable institutional resilience.

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Compliance Risk Management & Governance

Compliance Risk Management & Governance

Compliance risk is no longer a narrow control function. For regulated institutions, it is a board-level priority with direct implications for regulatory confidence, operational discipline, reputational protection, and long-term business stability.

BDO’s Compliance Risk Management and Governance offering is designed to help licensed banks, non-bank deposit-taking institutions, and cash dealers respond to the Bank of Mauritius Guideline on Compliance Risk Management and Governance Framework with a practical, structured, and defensible approach. The brochure positions the offering around four core services: gap assessment, a compliance risk assessment tool, independent audit of compliance function effectiveness, and targeted training. Together, these capabilities help organisations move from policy intent to operational execution. 

We do not position compliance as a documentation exercise. We position it as a strategic control framework—one that strengthens governance, improves board reporting, and enables institutions to manage regulatory obligations with greater confidence.

What the BOM Guideline requires

The Bank of Mauritius Guideline on Compliance Risk Management and Governance Framework requires regulated entities to establish and maintain a structured, independent, and risk-based compliance framework supported by effective board oversight and ongoing monitoring.

Regulated institutions are expected to:

  • Establish a board-approved compliance policy and governance framework
  • Maintain an independent and effective compliance function
  • Conduct risk-based compliance risk assessments at least annually
  • Monitor and test compliance against applicable legal and regulatory obligations
  • Ensure all compliance obligations are reviewed within a defined review cycle
  • Assess new or amended regulatory obligations within required timeframes
  • Maintain a structured compliance programme and monitoring framework
  • Provide regular compliance reporting to senior management and the board
  • Promote a strong compliance culture and accountability across the organisation

These expectations reinforce compliance governance as a strategic leadership responsibility that supports institutional resilience, operational discipline, regulatory confidence, and long-term stakeholder trust.

Where this creates business value

Mitigate risk by strengthening compliance governance, identify framework gaps early, and improve visibility into compliance risks before they develop into supervisory, operational, or reputational issues.

Accelerate institutional confidence by giving boards and senior management with clearer reporting, stronger assurance, and a more defensible compliance posture in increasingly demanding regulatory environments.

Optimise operational efficiency through implemented structured assessments, customised tools, and targeted training programmes that make compliance oversight more consistent, scalable, and practical across the organisation.

Strategic Capabilities

BDO assesses the organisation’s existing compliance framework against applicable regulatory expectations and identifies areas requiring enhancement across governance, structure, policies, monitoring, training, reporting, and compliance risk management practices.

This provides leadership with:

  • A clear view of current-state compliance maturity
  • Prioritised remediation actions
  • Improved governance visibility

A structured roadmap for strengthening compliance effectiveness


BDO provides a customised compliance risk assessment tool designed to map laws, regulations, risks, controls, and business processes within the organisation’s operational environment.

The tool supports:

  • Identification and assessment of compliance risks
  • Monitoring of inherent and residual risk exposure
  • Improved compliance reporting
  • Enhanced decision-making visibility for senior management and boards
  • More consistent and scalable compliance oversight

This approach enables organisations to strengthen governance intelligence and improve the quality of board-level reporting.

BDO conducts independent assessments of compliance function effectiveness covering governance structures, reporting lines, monitoring activities, testing procedures, remediation practices, training, resource adequacy, and overall compliance framework effectiveness.

This provides:

  • Independent assurance over compliance operations
  • Clearer visibility into control effectiveness
  • Improved board confidence
  • Support for internal audit and governance requirements
  • Actionable recommendations to strengthen compliance performance

BDO delivers practical, tailored compliance risk management training programmes for executives, senior management, compliance officers, risk teams, and internal audit functions.

Training programmes focus on:

  • Strengthening understanding of compliance governance obligations
  • Embedding compliance culture and accountability
  • Improving risk ownership across business functions
  • Enhancing reporting and escalation practices
  • Reinforcing sustainable compliance behaviours across the organisation

This helps organisations build long-term institutional capability and strengthen governance maturity across leadership and control functions.

A more strategic compliance narrative

BDO’s approach connects regulatory expectations with practical execution through four integrated pillars:

  • Assess compliance framework gaps
  • Identify and evaluate compliance risks
  • Independently assess control effectiveness
  • Strengthen internal capability through training and awareness

Together, these capabilities create a more resilient, risk-informed, and board-ready compliance operating model supported by governance, assurance, data visibility, and accountability.

Why BDO

BDO combines local regulatory knowledge with practical implementation expertise to help organisations strengthen both compliance design and day-to-day effectiveness.

Our approach is built on:

  • Deep experience supporting regulated institutions
  • Tailored frameworks and tools aligned to operational realities
  • Hands-on support from experienced compliance professionals
  • Practical implementation guidance
  • Stronger reporting and governance outcomes

A focus on sustainable and scalable compliance capability

BDO’s Compliance Risk Management and Governance offering helps regulated institutions move beyond reactive compliance activity toward a more structured, risk-informed, and board-ready model of governance. The result is stronger regulatory readiness, improved oversight, clearer reporting, and a more resilient control environment.

Partner with BDO to build a compliance governance framework that reduces exposure, strengthens board assurance, and supports long-term institutional resilience.

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Key Contacts

Dedicated professionals committed to your unique challenges.

Sylvie Greco

Sylvie Greco

Partner - IT Governance & Consulting
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Deepshi Hujoory

Deepshi Hujoory

Manager - IT Governance & Consulting
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